Astra Otoparts Tbk (AUTO), an automotive spare part manufacturer of Astra Group, announced its plan to allocate interim dividend of IDR 57 per share or IDR 274.72 billion in total.
Shophie Handili, Corporate Secretary of AUTO, confirmed that the plan is a decision made by the board of directors a couple of days ago. “It had been approved by the board of commissioners on October 2, 2024,” she added in the information disclosure in Indonesia Stock Exchange (IDX).
The interim dividend will be given to AUTO’s shareholders whose names have been listed by the recording date on October 16, and the disbursement will take place on October 24, 2024.
According to IDNFinancials data, AUTO recorded net profit of IDR 1.01 trillion in the first half (H1) of 2024. In addition, as of June 2024, it also still retained unrestricted earnings of IDR 9.71 trillion and total equity of IDR 14.84 trillion.
As of now, 80% of AUTO are controlled by PT Astra International Tbk (ASII), leaving the remaining 20% to public investors. (KR/ZH)